DeFi 3.0 Is Making a Comeback, Prominent Crypto Analyst Suggests; AAVE, UNI, RAY, HYPE Projects to Watch

The analyst mentioned top DeFi projects he thinks crypto users should watch closely as the potential starters of the next phase of DeFi resurgence.

A cryptocurrency analyst has suggested that DeFi 3.0 is making a comeback. The statement comes roughly two years after the excitement around the DeFi sector hit its peak, before giving way to a crypto bear market.

According to the analyst, better user experience and card payment options are working together to power the potential DeFi resurgence. The analyst also mentioned top DeFi projects that crypto users should watch closely as the potential starters of the next phase of DeFi resurgence. These include AAVE, RAY, HYPE, and UNI.

Of all the tokens listed, AAVE and UNI have been front and center, getting more attention and potentially more adoption from crypto users. Even so, the analyst believes the other two tokens could join AAVE and UNI in leading the next DeFi resurgence.

Importantly, DeFi tokens are known for their utility features, and the analyst predicts a coming shift from the meme coin sector to DeFi. He pointed to the ongoing examination of the meme coin world, suggesting that could be a driver to push investors to leave and move toward the DeFi sector.

Observedly, all four tokens the analyst highlighted are native cryptocurrencies of decentralized exchanges (DEXes) in the DeFi sector. That explains his belief that DEXes are leading the expected DeFi resurgence, backing his opinion that the upgrades in their user experience and better functionality will help DeFi adoption.

The analyst pointed out some specific features of the individual DEXes, connecting them to the current interactions between the mainstream and crypto sectors. According to the analyst, these features and their connections to the mainstream are key in encouraging adoption.

For example, the WLFI project’s investment in AAVE might suggest a potential partnership between the two, showing how such projects are exploring DeFi solutions.

Other mainstream solutions are appearing, especially with the current administration’s positive stance toward the crypto sector. Such progress could spark a surge in DeFi adoption, with the DEXes acting as a bridge between these solutions and the crypto world.